Mortgage Closing Assistant at East Cambridge Savings Bank

Posted in Banking 20 days ago.

Type: Full-Time
Location: Cambridge, Massachusetts





Job Description:

East Cambridge Savings Bank’s Lending Division is actively recruiting for a Mortgage Closing Assistant.


Function:

Under the general supervision of the Assistant Vice President–Lending Operations Manager, perform a variety of administrative and clerical tasks in connection with residential loan closing documentation.


We are looking for a candidate with:

  • 1-3 years banking experience with Retail Lending experience a plus; or a Bachelor’s degree with 1 year customer service experience in a retail environment 
  • Strong customer service, verbal, and written communication skills
  • Ability to perform a variety of tasks simultaneously while adhering to deadlines and working independently
  • Must be detail oriented and have excellent organizational, analytical and problem-solving skills
  • Working knowledge of Microsoft Word and Excel.  Experience with Encompass a plus.


Essential Job Functions:

  • Perform quality control function to ensure completeness and accuracy of file and satisfaction of commitment conditions.  
  • Monitor pipeline for approaching loan closings in accordance with rate lock and commitment expiration dates and communicate to Mortgage Closing Coordinator in a timely manner.
  • Review necessary loan documentation for accuracy prior to closing, request corrections if needed.
  • Prepare legal documents for consumer and mortgage loan closings and submit to Mortgage Closing Coordinator for completion and signatures.
  • Calculate net funds (refunds and receivables). 
  • Monitor receipt of legal documents from closing attorneys and review for completeness and accuracy.  Report deficiencies to AVP-Loan Operations Manager.
  • Ensure federal, state, and Bank regulations are properly adhered to by all parties.
  • Assist with operational preparedness for audits and regulatory examinations. Ensure compliance with established policies, procedures, and laws and regulations.
  • Perform various customer service-related duties, assisting with other loan operations functions as needed.


Contact our Human Resources Division or visit www.ecsb.com/careers for more details and to apply. 


Or submit your resume to:

Email: recruit@ecsb.com Fax: 617-252-6877 Phone: 617-354-7700


East Cambridge Savings Bank, Attn: Human Resources

344 Cambridge Street Cambridge, MA 02141


East Cambridge Savings Bank is an Equal Opportunity Employer


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